Short Bio
Francesco is a research and policy economist at the Macroprudential Analysis & Policy department.
Research interests
- Financial Stability
- Real State Finance
- Household Savings and Debt
Work in Progress
Leverage Constraints, House Prices and Household Debt: Evidence from the Netherlands
Staggered Wages, Unanticipated Shocks and Firms’ Adjustments (Joint with Jante Parlevliet and Mauro Mastrogiacomo)
Working papers
Francesco Caloia, Kees van Ginkel and David-Jan Jansen (2023). Floods and Financial Stability: Scenario-based evidence from below the sea level. DNB Working paper 796.
Francesco Caloia, Mauro Mastrogiacomo and Irene Simonetti (2023). Shocks to Occupational Pensions and Household savings. DNB Working Paper 775
Francesco Caloia, Mauro Mastrogiacomo and Giacomo Pasini (2019). Being in Good Hands: Deposit Insurance and Peers’ Financial Sophistication. DNB Working Paper 638.
Publication in refereed journals
Caloia, Francesco (2024). Borrower based measures, House Prices, and Household Debt. Journal of International Money and Finance, 143, art. 103051. Download
Caloia, Francesco, Parlevliet, Jante and Mastrogiacomo, Mauro (2023). Staggered Wages, Unanticipated Shocks and Firms Adjustments. Journal of Macroeconomics 76, art. 103521. Download
Caloia, Francesco and Mastrogiacomo, Mauro (2022). The Housing Wealth Effect: the role of renovations and home improvements. Real Estate Economics, 50,1532–1547. Download
Caloia, Francesco, Cipollini, Andrea and Muzzioli, Silvia (2019). How do normalization schemes affect net spillovers? A replication of the Diebold and Yilmaz (2012) study. Energy Economics 84, art. 104536. Download
Caloia, Francesco, Cipollini, Andrea and Muzzioli, Silvia (2018). Asymmetric semi-volatility spillover effects in EMU stock markets. International Review of Financial Analysis 57(C), 221-230. Download
Latest update: November 2024